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streetstylz

08/30/10 1:46 PM

#217980 RE: ryan2044 #217977

ryan2044, check out the sticky at the top of the board


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52924092


Right now we are awaiting the Judge's decision on YA's motion to dismiss. We anticipate a ruling next month.


Best,
Sean


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codes4real

08/30/10 1:48 PM

#217981 RE: ryan2044 #217977

welcome back, the lawsuit updates are in the sticky notes...not much going on with that.

For neom updates, the company revised their website so check out the PR and news sections.

Q2 showed a decent increase in licensing rev, but still subpar. There is also a 'transaction(s)' which according to IM will pay down debt and sustain 12 months of operation. The timeframe he laid out for the transaction expired last week, and of course we're still in the dark....so who knows what's going on with that.

The R/S pretty much screwed us all over, except YA of course, and we're mostly hoping something happens as always. The market in general seems to be moving forward.